Give an example of a situation in which you might want to solve the savings plan formula to find the payments, PMT, required to achieve some goal. Choose the correct answer below. A. A banker invests $3,000 in a mutual fund and wants to calculate the monthly payments in order to eam $8,400 after four years. B. A parent wants to bulid a $100,000 college fund in 18 years by making regular, end-of-month deposits C. An employee would like to retire 25 years from now and have a retirement fund from which she can draw an income of 550,060 per year, lorever. D. A teenager wants to buys a car by depositing a lump sum of money today and letting it grow through the power of compound interest. Give an example of a situation in which you might want to solve the savings plan formula to find the payments, PMT, required to achieve some goat. Choose the correct answer below. A. A banker invests $3,000 in a mutual fund and wants to calculate the monthly payments in order to eam 58,400 after four years. B. A parent wants to bulid a $100,000 college fund in 18 years by making regular, end-of-month deposits C. Ar employee would like to retire 25 years from now and have a retirement fund from which she can draw an income of 550,000 per year, forever. D. A teenager wants to buys a car by depositing a lump sum of maney today and letting it grow through the power of compound interest